AN APPRAISAL OF FACTORS MILITATING AGAINST THE EFFECTIVE IMPLEMENTATION OF FORMAL RISK MANAGEMENT TECHNIQUES IN PROJECT DELIVERY
- Project Research
- 1-5 Chapters
- Quantitative
- Mean and Standard Deviation
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
EXCERPT FROM THE STUDY
In this study, our focus was to carryout an appraisal of factors militating against the effective implementation of formal risk management techniques in project delivery. The study specifically was aimed at determining the internal barriers that militating against the effective implementation of formal risk management techniques in project delivery, determining the external barriers that militating against the effective implementation of formal risk management techniques in project delivery and proffering solutions to the factors militating against the effective implementation of formal risk management techniques in project delivery.
The study adopted the survey research design and randomly enrolled participants in the study. A total of 203 responses were validated from the enrolled participants where all respondent are active workers in the 5 selected construction firms and stakeholders in Abuja metropolis .
The findings revealed that The internal barriers were found to be cost and time intensiveness, argumentative sessions that create riskier stance including subjective judgment that lacks accurate results while the external barriers were found to be lack of risk assessment training in place, lack of collaboration by parties on a project, low level of risk consciousness, ineffective monitoring by heads of firms and lack of historical data across the project team’s spectrum.
Related Project Materials
An Evaluation of the Nutritional Needs of Elderly Patients in Nursing Homes in Katsina State
Background of the Study
The nutritional needs of elderly individuals are critical to m...
An appraisal of continuing education in promoting leadership development among secondary school teachers in Jos South Local Government Area, Plateau State.
Background of the Study
Continuing education has emerged as a critical strategy for professional development, particularly...
STATISTICAL STUDY OF THE EFFECTS ON THE PERCENTAGE OF ACTIVE COMPONENTS IN MULTI ACTIVE DETERGENTS
Abstract
In this study, our focus was to carryout a critical statistical study of the effects on the percentag...
An assessment of trade policies on the performance of Nigeria’s agricultural sector: Evidence from Benue State (2000–2020)
Background of the study :
Trade policies play a pivotal role in shaping the agricultural sector by influencing market acces...
An investigation of ATM service disruption effects on customer loyalty in banking: a case study of AB Microfinance Bank
Background of the Study
Automated Teller Machines (ATMs) serve as a critical interface between banks and their customers, offering conven...
An examination of informal education’s effectiveness in improving students' ability to work under pressure in Wase Local Government Area, Plateau State
Background of the Study
In today’s fast-paced and often unpredictable world, the ability to work under pressure is an...
The Impact of Historical Religious Movements on Language Change in Igbo Communities in Enugu
Background of the Study
Historical religious movements have long influenced language change by introducin...
The effect of entrepreneurship education on STEM students in Lavun LGA, Niger State
Background of the Study
Entrepreneurship education has emerged as a vital complement to traditional STEM curricula, equipp...
THE IMPACT OF ECONOMIC INDICATORS ON INVESTMENT STRATEGIES
ABSTRACT
THE IMPACT OF ECONOMIC INDICATORS ON INVESTMENT STRATEGIES
This study examines the impact of economic indicators on in...
Development of a Virtual Reality-Based Fire Safety Training System for Universities in Maiduguri, Borno State
Background of the Study
Fire safety training is a critical component of risk management in educational institutions, yet t...
